Janus Henderson Group PLC Buys 2,666 Shares of Alliance Data Systems Corporation (NYSE:ADS)

Janus Henderson Group PLC boosted its stake in Alliance Data Systems Corporation (NYSE:ADS) by 33.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,637 shares of the business services provider’s stock after acquiring an additional 2,666 shares during the period. Janus Henderson Group PLC’s holdings in Alliance Data Systems Corporation were worth $2,731,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in ADS. OppenheimerFunds Inc. boosted its holdings in shares of Alliance Data Systems Corporation by 7.3% during the 1st quarter. OppenheimerFunds Inc. now owns 3,697 shares of the business services provider’s stock valued at $921,000 after buying an additional 252 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Alliance Data Systems Corporation by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 238,652 shares of the business services provider’s stock worth $59,423,000 after purchasing an additional 4,202 shares in the last quarter. UBS Group AG boosted its stake in Alliance Data Systems Corporation by 22.2% in the 1st quarter. UBS Group AG now owns 10,434 shares of the business services provider’s stock worth $2,598,000 after purchasing an additional 1,897 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new position in Alliance Data Systems Corporation in the 1st quarter worth about $141,000. Finally, Bank of America Corp DE boosted its stake in Alliance Data Systems Corporation by 69.9% in the 1st quarter. Bank of America Corp DE now owns 180,561 shares of the business services provider’s stock worth $44,960,000 after purchasing an additional 74,305 shares in the last quarter. Institutional investors and hedge funds own 96.24% of the company’s stock.

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Shares of Alliance Data Systems Corporation (ADS) traded down $2.46 during trading on Friday, hitting $225.45. The stock had a trading volume of 342,900 shares, compared to its average volume of 600,403. Alliance Data Systems Corporation has a 1 year low of $206.41 and a 1 year high of $266.25. The stock has a market capitalization of $12,591.73, a price-to-earnings ratio of 13.54, a P/E/G ratio of 0.99 and a beta of 1.78. The company has a debt-to-equity ratio of 9.53, a quick ratio of 2.23 and a current ratio of 2.11.

Alliance Data Systems Corporation (NYSE:ADS) last issued its quarterly earnings data on Thursday, October 19th. The business services provider reported $5.35 earnings per share for the quarter, beating analysts’ consensus estimates of $4.80 by $0.55. Alliance Data Systems Corporation had a return on equity of 62.95% and a net margin of 7.09%. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.97 billion. During the same quarter last year, the company earned $4.74 earnings per share. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. research analysts forecast that Alliance Data Systems Corporation will post 17.12 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Investors of record on Tuesday, November 14th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Monday, November 13th. Alliance Data Systems Corporation’s payout ratio is currently 22.06%.

Alliance Data Systems Corporation announced that its Board of Directors has authorized a stock repurchase program on Thursday, July 27th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the business services provider to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

A number of equities analysts have weighed in on the company. Credit Suisse Group reissued an “underperform” rating on shares of Alliance Data Systems Corporation in a research report on Tuesday, September 5th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $300.00 target price on shares of Alliance Data Systems Corporation in a research report on Thursday, August 31st. ValuEngine raised Alliance Data Systems Corporation from a “hold” rating to a “buy” rating in a research report on Saturday, October 21st. Jefferies Group LLC reissued a “buy” rating and issued a $270.00 target price on shares of Alliance Data Systems Corporation in a research report on Friday, July 14th. Finally, Oppenheimer Holdings, Inc. set a $208.00 price target on shares of Alliance Data Systems Corporation and gave the company a “sell” rating in a research report on Thursday, October 19th. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the company. Alliance Data Systems Corporation has an average rating of “Hold” and an average price target of $257.00.

About Alliance Data Systems Corporation

Alliance Data Systems Corporation is a provider of data-driven marketing and loyalty solutions serving consumer-based businesses in a range of industries. The Company offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services, and private label and co-brand retail credit card programs.

Institutional Ownership by Quarter for Alliance Data Systems Corporation (NYSE:ADS)

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